GLD has surged 10% year-to-date... and 43% in the last year. SLV is up a little more (11%) YTD, but a little less (41%) over the past 12 months. Where gold has gone, will silver follow?
In fact, the combined effect of the US dollar and government bond yields has been responsible for nearly 1/3 of gold’s direction on a quarterly basis since 2000 - see chart below. Around the ...
Gold has risen 8 weeks in a row for only the 20th time in the last 43 years. Holding it for 3 months from this point has not been a profitable time frame but 1 month has been. A very small sample size ...